2003 cid trends may 1 2003
Download
1 / 21

2003 CID Trends May 1, 2003 - PowerPoint PPT Presentation


  • 83 Views
  • Uploaded on

2003 CID Trends May 1, 2003. Office Market Trends Presentation. 2003 CID OFFICE TRENDS COMMITTEE. Lacy Howe, Peek/Howe Real Estate, Inc. – Chairman Dianne Bankston, Larry E. Bankston Appraisals Steve Legergne, Sealy & Falgoust Real Estate Branon Pesnell, NAI Latter & Blum

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' 2003 CID Trends May 1, 2003' - wolfgang-richard


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
2003 cid trends may 1 2003

2003 CID Trends May 1, 2003

Office Market Trends Presentation


2003 cid office trends committee
2003 CID OFFICE TRENDS COMMITTEE

  • Lacy Howe, Peek/Howe Real Estate, Inc. – Chairman

  • Dianne Bankston, Larry E. Bankston Appraisals

  • Steve Legergne, Sealy & Falgoust Real Estate

  • Branon Pesnell, NAI Latter & Blum

  • Carlos Slawson, LSU Real Estate Research Institute

  • Jonann Stutzman, JTS Interests

  • Collier Thornton, Thornton, Harvison, and Rhodes Real Estate

  • Debbie Usrey, Latter & Blum

  • Brad Way, Peek/Howe Real Estate, Inc.


Panelists
Panelists

  • Brad Way

  • Tom Cook

  • Ben Johnson

  • George Kurz

  • Edward Rotenberg


Brad way moderator
Brad Way, Moderator

  • Senior Property ManagerPeek /Howe Real Estate, Inc.

  • Over 20 years in the Commercial real estate field

  • Specializes in commercial management and leasing


Tom cook
Tom Cook

  • Owner, Appraisal Services

  • Over 23 years in the real estate Appraisal field

  • Past President of the Louisiana Chapter of the Appraisal Institute

  • Past President of CID

  • Current Trends Chairman

Before Trends

AfterTrends


Ben johnson ccim cpm sior
Ben Johnson, CCIM, CPM, SIOR

  • Sales Manager, Latter & Blum

  • Over 28 years in the Commercial and Industrial real estate business

  • Formed Johnson Properties in 1983 which he sold to Latter & Blum in 1995

  • Sales Manager for Latter & Blum’s Commercial brokers


George kurz
George Kurz

  • Partner, Kurz & Hebert Real Estate


Edward rotenberg sior
Edward Rotenberg, SIOR

  • Associate Broker, Sealy & Falgoust Real Estate

  • Over 18 years in the Commercial real estate business

  • Industrial member of SIOR

  • Former Board Member of CID

  • Specializes in sales and leasing of industrial and commercial properties.



Office occupancy
Office Occupancy

1. The LSU Office Market Study for Fall of 2002, indicates that although occupancy is down from Fall, 2001, there was at least 114,000 s.f. added to the A & B office inventory during this time period.What’s “up” with that? The “Opportunity Rate”



Bon carr
Bon Carré

“Bon Carré will be full in 12-18 months”- Ben Johnson and Tom Cook, Trends 2001


Bon carr1
Bon Carré

2. Other than “build-to-suit” any hope for speculative general office space?Is it enough to really care?


Fair competition
Fair Competition

3. Competing on a Level Playing Field?What do Tax Incentives and Foundations have to do with developing prime real estate?


Ascension and livingston parishes
Ascension andLivingston Parishes

4. Ascension and Livingston are the fastest growing parishes in the State. Will office follow?If so, any significant players relocating?Who are the significant players?


Interest rates
Interest Rates

5. Interest Rates have been near historically low levels for a long time. When they go up – what affect will they have on:A. Leasing ?B. Sales?C. The highly leveraged?


Downtown
Downtown

6. According to the LSU Study, downtown Baton Rouge appears to be outperforming most other markets;- Is this really happening?- What continued affect will downtown have on suburban markets?- What will pop its “bubble”?


Office segments
Office Segments

7. Many Changes are occurring in these fields:A. MedicalB. Engineering / EnvironmentalC. Dot-ComD. Sublease- Who is occupying space?- What are their plans?- Who’s it going to affect?



Predictions1
Predictions

8. Where is the “Growth Spot” for office in the next 12 months?


2003 cid trends may 1 20031

2003 CID Trends May 1, 2003

Office Market Trends Presentation


ad